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Goosehead Insurance Launches New Program to Support Veterans on Path to Business Ownership
GSHDGoosehead Insurance(GSHD) GlobeNewswire·2025-06-04 13:00

Core Insights - Goosehead Insurance has launched the Veteran Initiative Program (VIP) to support military veterans in becoming franchise owners, leveraging their unique skills from military service [1][2] - The program aims to provide veterans with professional development, mentorship, and real-world learning opportunities to succeed in the insurance industry [1][3] Company Overview - Goosehead Insurance, Inc. (NASDAQ: GSHD) is a rapidly growing independent personal lines insurance agency that operates through corporate and franchise locations across the United States [5] - The company represents over 200 insurance companies, offering a wide range of personal and commercial insurance products [5] Veteran Initiative Program Details - The VIP is designed to empower veterans, regardless of their prior insurance experience, with comprehensive support and training to operate successful franchises [2][3] - The program includes structured coaching, access to industry-leading technology, a dedicated veteran development team, and geographic flexibility for franchise locations [6] - Goosehead Insurance offers a 20% discount on the initial franchise fee for veterans, demonstrating its commitment to making franchise ownership more accessible [6] Success Stories - The program was inspired by successful veteran franchisees like Tim McMullin, who achieved a $10 million book of business, showcasing the potential for veterans in the franchise model [4]